Abacus FCF Innovation Leaders ETF (BATS:ABOT) Short Interest Update

Abacus FCF Innovation Leaders ETF (BATS:ABOT) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1 shares, a decrease of 90.0% from the July 15th total of 10 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 147 shares, the days-to-cover ratio is currently 0.0 days.

Abacus FCF Innovation Leaders ETF Price Performance

Shares of ABOT stock opened at $43.06 on Thursday. The company has a market capitalization of $7.54 million, a price-to-earnings ratio of 33.48 and a beta of 0.89. Abacus FCF Innovation Leaders ETF has a one year low of $32.14 and a one year high of $43.44. The company’s fifty day moving average price is $39.80 and its 200-day moving average price is $37.01.

Hedge Funds Weigh In On Abacus FCF Innovation Leaders ETF

Hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. bought a new stake in Abacus FCF Innovation Leaders ETF during the 2nd quarter valued at approximately $295,000. Cetera Investment Advisers bought a new position in Abacus FCF Innovation Leaders ETF in the 1st quarter worth approximately $220,000. Finally, Bank of America Corp DE bought a new position in Abacus FCF Innovation Leaders ETF in the 2nd quarter worth approximately $93,000.

Abacus FCF Innovation Leaders ETF Company Profile

The Abacus FCF Innovation Leaders ETF (ABOT) is an exchange-traded fund that is based on the FCF US Quality Innovation index. The fund tracks an index that seeks to provide exposure to US all-cap companies with strong free cash flow and R&D investments. ABOT was launched on Dec 7, 2020 and is issued by Abacus.